1. Baruch "Bruce" Rappaport was an international banker and financier.
22 Facts About Bruce Rappaport
1. 2.
Bruce Rappaport was born in Haifa, Mandatory Palestine to Russian-Jewish emigre parents.
3.
Bruce Rappaport maintained a global business empire in the shipping and oil trading sectors through hundreds of shell companies registered in places like Panama, Liberia and Antigua and Barbuda.
4.
Bruce Rappaport was a personal friend of former CIA director William J Casey.
5.
Bruce Rappaport served in the British military and is believed to have fought for them in Africa during World War II.
6.
Bruce Rappaport served in Haganah and the Israel Defense Forces.
7.
Bruce Rappaport was one of the founders of the Israeli military police and worked as a military judge after completing his legal training in 1953.
8.
Bruce Rappaport was registered as a citizen of Panama, Costa Rica, Israel and Switzerland.
9.
Bruce Rappaport was involved in banking, industry, and politics on the island of Antigua.
10.
Bruce Rappaport was later sued by the United States for failure to release forfeited funds from one of its account holders.
11.
In 1980, a Bruce Rappaport controlled company by the name of National Petroleum Ltd purchased 440,000 shares of the West Indies Oil Company for $6,000,000 from the country of Antigua.
12.
Bruce Rappaport provided the financing, and the land on Antigua, for the melon farm that was used to funnel the weapons from Israel to Colombia via Antigua.
13.
On December 3,1997, Bruce Rappaport was appointed as Antigua and Barbuda's ambassador to the country of Russia.
14.
The suit alleged that Bruce Rappaport embezzled $14 million via his role in re-negotiating the desalinization plant.
15.
Bruce Rappaport agreed to repay $12 million of the embezzled funds.
16.
Bruce Rappaport was a focus of the investigation and his other bank, Bank of New York-InterMaritime, a Swiss bank that conducted a large amount of Russian business.
17.
In 1990, Bruce Rappaport met with Mikhail Gorbachev who supported Bruce Rappaport's subsequent efforts in the modernization of 30 Soviet shipyards.
18.
In 1994, the Bank of New York in which Rappaport held its largest stake was assisted by Rappaport's Inter-Maritime Bank, Geneva through their joint venture the Bank of New York Inter-Maritime to give BoNY's chairman J Carter Bacot contacts for access to Russia.
19.
Bruce Rappaport was the person who allegedly controlled bank accounts which received $10 million for the Contras.
20.
Bruce Rappaport was accused of price gouging and bringing Pertamina, and Indonesia, to bankruptcy.
21.
Bruce Rappaport's alleged role was to bribe Israeli officials in the Shimon Peres government and ensure that portions of the $1 billion project were funneled to the Israeli Labor Party.
22.
In Geneva, Bruce Rappaport gave millions of dollars to Jewish and non-Jewish organizations, including orphanages, day care centers, research institutes and hospitals in the United States, Israel and elsewhere.